Financial Accounting Specialist
3 weeks ago
Grove Bank & Trust is seeking a skilled Financial Accounting Specialist to join our team. In this role, you will be responsible for performing routine accounting duties including the reconciliation of assigned general ledger accounts and accounts payable following established procedures, methods, and systems.
The estimated salary for this position is $50,000 - $65,000 per year, depending on experience and qualifications.
Essential Duties and Responsibilities:
• Completes timely and accurate reconciliations daily for various accounts, including general ledger accounts.
• Follows-up with user departments on outstanding items as needed.
• Reconciles official checks, ATM, and Teller cash for the retail branches on a daily basis, making adjustments as needed.
• Reconciles suspense accounts on a daily basis, performs research, and makes adjustments as necessary.
• Updates and maintains a daily statement of condition, extracting information from core systems, inputting compiled data, and verifying accuracy of reports.
• Submits FR2900 reports to the Federal Reserve on a quarterly basis.
• Verifies and processes invoices received for payment by the accounting department.
• Performs monthly bank account reconciliation, clears, and reconciles items in a timely manner.
• Assists with departmental audits and regulatory examinations.
Qualifications:
• Associate's degree in Accounting or related field.
• Two years of previous accounting experience, preferably in a financial institution.
• Thorough knowledge of accounting principles, analytical, and organizational skills, detail-oriented, and ability to work in a deadline-intensive work environment.
• Strong communication and interpersonal skills, proficient in MS Word and Excel.
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